Business

Banking & finance

Home loans

Opinion

Clancy Yeates Deputy business editor October 20, 2025 — 12.45am

Our biggest banks are known for being very similar beasts that frequently move as a pack: it’s one reason they’re so often described as a collective, the Big Four.

Even so, it’s still striking just how alike the major banks have sounded lately when talking up their strategies for flogging home loans to the Australian public.

Last week, ANZ Bank chief executive Nuno Matos became the last major bank boss to indicate his bank wants to wrestle back some of the market share that has been taken by mortgage brokers, laying out plans to write more loans through its own “proprietary” channels.

That’s bank-speak for having ANZ bankers arrange the loans, or having customers appl

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